Table 3.

Descriptive statistics of variables

Variables	Number	Mean	Sd	Min	Max
Choice	464160	0.0333	0.1795	0	1
ER	464160	0.1197	0.1695	0.0020	0.8623
PI	464160	0.2256	0.4180	0	1
lnpgdp	464160	10.5679	0.4952	9.3030	11.8509
lnpop	464160	8.1865	0.7393	6.3226	9.3366
labor	464160	0.7410	0.0362	0.6621	0.8385
illiterate	464160	0.0533	0.0301	0.0123	0.1663
lnwage	464160	10.7328	0.3430	10.1144	11.9173
lnrailway	464160	7.9330	0.6876	5.7611	9.4545
lnarea	464160	7.0891	0.7714	4.7185	8.6265
lnrd	464160	13.8974	1.3642	9.5782	16.8713
lnfdi	464160	5.3585	1.6060	0.3438	7.7219

Own elaboration